Hi All,
I've been on Hotcopper since it started about 25 years ago! went thru dot.com...then GFC bubbles /crashes
.then sailed O'seas.& owner/operator charterbusiness 17 years in caribbean (Tortola BVI's)..
retired now back in Perth.& love charts/technical analysis...to support my decisions...
Was in PLS (pilbara mines) from early 40 cent days & lately moving across to invest in Sayona ......IMO has more upside potential .
For months I've been reading posts from the regulars here. & we're fortunate to have some very clever investors on board with a wealth of mining knowledge.
Re, Charting........... chart is poised for short term upside ..
.hopefully to stay above the 20 & 200 day moving average
.to clear the Credit raising 18 cents
will be significant for confidence & stability ...
& should keep the shorters to a minimum.
So, I'd like to ask 'permission ' from our regular posters to open a new thread for "Charting & technical analysis.." ..I've noticed several posters that already post graphs/charts ...so reckon a thread for charts is convenient for the future ..
.especially when we celebrate reaching all time high of 38 cents .
Then nothing but 'blue sky' Yippee .
However, with U.S. markets so negative from recession fears & markets have volatile times .....
for example (Check out You tube at FX evolution & Ron Walker to name a few)..
Wall st. S&P 500 biggest in world) that influence world equity markets..
.The good news is .....seems that Lithium producers /near term producers are now considered 'critical minerals' by western governments ....that should weather the storm & keep around the 200 m.a.( or above) until markets improve.
Anyway, I'm here now on board to see production commence .....& very excited .
cheers captjohn
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